Pridham report: Over half of UK fund groups grow net sales for third straight quarter
While 43% posted positive net flows to signal improving investor confidence
Vanguard
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Interactive Investor: Investors favour global equity funds in new Top 50 Fund Index
20 investment trusts on list of 50 most popular funds
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Vanguard launches research centre to help advisers with ‘great wealth transfer’
The centre will offer insights on investing, portfolio management and financial planning
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Vanguard CEO Salim Ramji begins role
Takes over from Tim Buckley
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Morningstar: Fixed income attracts €25.7bn net inflows while equities bleed €1.8bn
Commodities experience largest outflows since Morningstar’s recording began in 2007
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Square Mile admits eight to Academy of Funds, drops two
Mercantile Investment Trust amid new class of funds to be awarded ratings
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Bank of England rate cut likelihood moves closer to end of the year
Predictions come ahead of tomorrow’s (9 May’s) Monetary Policy Committee meeting
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Vanguard names US advice boss as head of Europe
Jon Cleborne will succeed Sean Hagerty in June
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Investor ‘disappointment’ as JPMAM and State Street exit CA100+
‘Smacks of cowardice’ said one investor who is reviewing positions in JPMAM as a result
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LSEG Lipper: Bonds bring over £10bn in flows while equities drop £23bn
Passive bonds attract £18.2bn
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Interactive Investor: AI hype carries into 2024 as tech dominates platform sales
L&G Global Tech Index was the most-bought fund in January
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Rathbones hires Vanguard’s Goncalves as assistant portfolio manager
Goncalves spent the past eight years at Vanguard working on global corporate ESG funds and ETFs